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Rental Insights for ZIP Code 44721 (Canton, OH)

Housing Rentals in ZIP Code 44721 (Canton, OH)

44721 ZIP Code in Ohio

Learn About Housing Rentals in the ZIP Code 44721

ZIP Code 44721 is primarily located in Canton, OH in Stark County. This Ohio region has an estimated median housing rent of $755 per month. Approximately 15.1% of housing units in this Stark County ZIP Code are occupied by renters, while the region has an estimated rental unit vacancy rate of zero.

The median rent in ZIP Code 44721 of $755 per month is 7% lower than the aggregate Ohio median monthly rent of $808, and is 29% lower than the $1,062 the median monthly rent in the U.S. overall. An estimated 84.3% of residents in ZIP Code 44721 pay between $500 and $999 per month for rent. That is 45% higher than in Ohio overall, in which 58.3% of total state residents pay between $500 and $999 per month for housing. Only 1.5% of renters in this Canton, OH region pay between $1,500 and $1,999 per month for rent.

ZIP Code 44721 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 44721

See the chart below for a comparison of monthly rental costs in ZIP Code 44721, Ohio, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 44721 along with those in the state of Ohio and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 44721

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 44721 Ohio U.S.
Less than $500 2.2% 13.5% 9.4%
$500 to $999 84.3% 58.3% 36.2%
$1,000 to $1,499 12.0% 22.3% 30.0%
$1,500 to $1,999 1.5% 4.1% 14.0%
$2,000 to $2,499 0.0% 1.0% 5.6%
$2,500 to $2,999 0.0% 0.3% 2.4%
$3,000 or more 0.0% 0.4% 2.4%

Rent Cost vs. Income in ZIP Code 44721

Renters in ZIP Code 44721 use an estimated 27.39% of their income to cover their monthly rent payments. That is about 4% lower than in Ohio overall. The estimate for Ohio overall is 28.47% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 44721 renters use about 8% less of their income to cover rent expense. Household income figures for ZIP Code 44721 come in higher than in Ohio as a whole. The median annual household income in ZIP Code 44721 of $79,100 sits approximately 40% higher than the overall Ohio median income of $56,602 and approximately 26% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 44721

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 44721, Ohio, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 44721 along with the same calculations in the state of Ohio and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 44721

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 44721 Ohio U.S.
Less than 15.0 percent 12.0% 15.9% 13.1%
15.0 to 19.9 percent 18.1% 14.5% 12.9%
20.0 to 24.9 percent 22.6% 13.0% 12.9%
25.0 to 29.9 percent 10.3% 11.7% 11.6%
30.0 to 34.9 percent 6.2% 8.4% 9.1%
35.0 percent or more 30.8% 36.4% 40.5%

Household Income in ZIP Code 44721

See the table below for the regional comparison of annual household income in ZIP Code 44721.

Income ZIP 44721 Ohio U.S.
Less than $10,000 1.9% 6.8% 6.0%
$10,000 to $14,999 1.7% 4.6% 4.3%
$15,000 to $24,999 5.6% 9.9% 8.9%
$25,000 to $34,999 8.0% 9.8% 8.9%
$35,000 to $49,999 12.0% 13.4% 12.3%
$50,000 to $74,999 17.3% 18.3% 17.2%
$75,000 to $99,999 18.5% 13.0% 12.7%
$100,000 to $149,999 22.5% 14.1% 15.1%
$150,000 to $199,999 6.4% 5.3% 6.8%
$200,000 or more 6.1% 4.9% 7.7%

Household Income in ZIP Code 44721

See the chart below for a comparison of annual household income figures in ZIP Code 44721, Ohio, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 44721 alongside the same figures for the state of Ohio and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 44721

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 44721.

ZIP 44721 Ohio U.S.
Median Housing Rent $755 $808 $1,062
Renter-Occupied Housing Units 15.1% 33.9% 36.0%
Rental Vacancy Rate 0.0% 5.3% 6.0%
Average Size of Renter-Occupied Unit 2.22 2.23 2.49
Average # of Bedrooms Per Unit 3.13 2.78 2.75
Percent of Income Spent on Rent 27.39% 28.47% 29.83%
Per Capita Income $37,297 $31,552 $34,103
Median Household Income $93,190 $76,958 $88,607
Living Below the Poverty Line 3.2% 9.9% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 44721

In ZIP Code 44721 (Canton, OH), and estimated 15.1% of housing units are occupied by renters. This region has an approximate rental vacany rate of 0.0%.

The per capita income in 44721 is estimated at $37,297, which goes along with an estimated median household income of $93,190. About 3.2% of residents in this Stark County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.22 occupants, while the units have an aggregate average size of 3.13 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 27.39% of their income on housing rental costs.

Rental FAQs for ZIP Code 44721

1

What is the median monthly rent in ZIP Code 44721?

Median rent for housing in ZIP Code 44721 in Stark County in Ohio is approximately $755 per month.
2

Is it expensive to rent in ZIP Code 44721?

Rent in ZIP Code 44721 is lower than average in the state of Ohio overall. The median monthly rent of $755 in ZIP Code 44721 is approximately 7% lower than the Ohio median of $808. Additionally, median rent in this Canton, OH region ($755) is about 29% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 44721?

High-priced rentals are not common in the Canton, OH ZIP Code of 44721, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of Ohio overall, approximately 0.4% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 44721?

Affordable rentals are more common in ZIP Code 44721 than in Ohio overall. The percentage of housing rentals in ZIP Code 44721 costing $999 or less per month (86.5%) is approximately 20% higher than the Ohio rate of 71.8% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 90% lower than the previously mentioned 44721 rate of 86.5%.
5

What is the most common cost range that rentals fall into in ZIP Code 44721?

The most common range for rental cost in ZIP Code 44721 is between $500 and $999 per month. About 84.3% of renters in 44721 pay in this range for monthly rent. In comparison, approximately 58.3% of renters in the state of Ohio fall in the between $500 and $999 range, and 36.2% of overall U.S. renters fall in this range.
6

Does ZIP Code 44721 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 44721 is lower than the rental vacancy rate in the state of Ohio overall. Rental vacancy of 0.0% in ZIP Code 44721 is about 100% lower than the Ohio rate of 5.3%. Looking more broadly, rental vacancy in this Canton, OH region (0.0%) is an estimated 100% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 44721? How does it compare to other Ohio regions?

Median household income in ZIP Code 44721 is higher than in the state of Ohio overall. Annual household income of $79,100 in ZIP Code 44721 is about 40% higher than the Ohio median of $56,602. Additionally, median household income in this Canton, OH region ($79,100) is approximately 26% higher than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 44721 spend on housing costs?

Renters in ZIP Code 44721 spend a lower amount of their income on rent costs than do renters in Ohio overall. Renters in ZIP Code 44721 spend an estimated 27.39% of their income on rent payments, which is about 4% lower than the overall Ohio estimated rate of 28.47%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 8% higher than the ZIP Code 44721 estimated rate of 27.39%.
9

Do renters in ZIP Code 44721 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 44721 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 44721 spending 30 percent or more of their income on rent costs (37%) is approximately 17% lower than the Ohio rate of 44.8% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 25% higher than the aforementioned 44721 rate of 37%.
10

What is the average household size of renter-occupied units in ZIP Code 44721?

The average household size of renter-occupied units in ZIP Code 44721 is lower than in the state of Ohio overall. Annual household size of 2.22 in ZIP Code 44721 is about 0% lower than the Ohio median of 2.23. Additionally, median household size in this Canton, OH region (2.22) is approximately 11% lower than median household size of 2.49 in the U.S. as a whole.

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